Cressey has filed a rezoning application for a site at the corner of Main and East 2nd Avenue in East Vancouver.  The 18,683 SF triangular site at 1800-1880 Main Street is currently zoned IC-2, but the Mount Pleasant Community Plan allows for residential rezoning. 

The plan is for a redevelopment of the site to allow an 11-storey mixed-use building that includes:

• 131 rental units;
• 34 studios, 51 one-bedrooms, 36 two-bedrooms and 10 three-bedrooms
• Two commercial units at grade;
• A total density of 5.02 FSR;
• A height of 113.4 ft.; and
• 88 parking spaces (including 6 car share spaces).

The architect for the project is Francl Architecture.

Cressey acquired the site in 2016 for $17,000,000, or $181 per buildable SF based on the rezoned density.